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20121107
20121107
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KQEH (PBS) 1
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there is some truth to this story that education matters more on determining economic rewards.un but the more we looked at this, the less satised we were that explanation. that it couldn't explain why the economic gains were so concentrated within a very small subset of the educated people in american society. i mean 29% of americans now have college degrees but much, much smaller percenge ofge americans were benefiting from this economic transformation. >> well as we speak i can hear all of those free-marketersl ou they say "come on, piers -- come on hacker, it is the global economy. it's the cheap labor overseas. it's those kehigh-technology skills tha you say are required, these deep forces that aually are beyond our control, and are making iarevitable this division between the top and everyone else," right? that's what they were saying as they lsten to you right now. >> we think the story that's told about how the global economy haso shifted clearly matters. >> and again we wouldn't want to say that the kinds of changes that they were it talking about don't matter at allat but they still lea
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